A lot of our problem was that my wife used to be paid a varying amount
each pay period.  She was a stylist at a salon.  Some weeks, she would
kick ass and make all kinds of tips and commission.  Other weeks, not so
good.

Now, she moved up a level and has a steady paycheck each week, not to
mention a company car and credit card.  That makes it much easier to
plan some sort of budget.  We actually have some money left in the bank
before our next paycheck!

M!ke 

-----Original Message-----
From: Gruss Gott [mailto:[EMAIL PROTECTED] 
Sent: Tuesday, February 22, 2005 3:30 PM
To: CF-Community
Subject: Re: Social Security Reform Is Dead

> Marlon wrote:
> How would this kill the savings rate?  I'm not sure I follow the
logic.
> 

Because most people who save earn over $80,000/yr.  That is, on average,
those that earn less save little or live check-to-check.

That means that if you, say, save 3% of that income over  $90,000, it
will now all go to pay taxes rather than into your savings account which
can then be made available to the federal gov't to borrow.

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